Trade Is Better

August 29, 2010 by  
Filed under Insurance

Commerce, as we all know can be simplified, as the exchange of products, services and even money in some cases. Trade is essential to business needs, according to their needs. It 'also known as a transaction. Commerce at the beginning of a communication in the old days.

A mechanism that allows trade to take place is called market. First trade was in the form of barter. Barter means the exchange of goods and services taking place directly. In prehistoric times people bartered products and services from each other. This was the only method before the invention of the modern day currency.

The invention of money simplified and promoted trade to a greater extent. Money made trading easier and fair in most of the cases when trade was not happening at the same financial ability of people. When trade takes place between two people it is known as bilateral trade, and when it is between more than two people it is called multilateral trade.

If we look back and see in the pages of our history, we find that trade has existed. There is evidence that the exchange of obsidian and flint, which are expensive rare volcanic rocks in the stone age. Since 3000, British Columbia, the necessary materials for the manufacture of jewelry were sold in Egypt. In India, we have seen the long trade routes in the third millennium when Mesopotamia traded with the Harappan civilization of the Indus Valley.

As time changed modes of trading also changed. We have Retail Trading which consists of sales of goods from a fixed location, such as a department store or a boutique. Wholesale trade on the other hand can be simplified as sale of goods to retailers and industrial and commercial users.

Since the invention of Internet, people have been able to do everything virtually. Now days online trading have become one of the most popular mediums of trading. These online trading facilities are provided by many financial companies like Reliance Money, ICICI online trading and many more.

Online trading proves beneficial for both new comers in the industry as well as advanced and experienced traders. Online trading gives opportunities to trade stocks and foreign exchange all over the world without physical performance of a broker. Stock trading has now turned out to be much available to independent investors. In this kind commissions incurred are also very low because everything happens on the internet.

As we look at the improvement of trade in the market, we see that it has always been increasing and is now even better. With the rapidly changing era of ubiquitous and we can see that it takes all the mental activities that have always helped to make it easier for all methods on the market.

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Reliance Money – Easy Trade

May 17, 2010 by  
Filed under Insurance

Reliance Money is a single window, enabling you to access, a wide range of financial products and services including Equity, Equity & Commodity Derivatives, Mutual Funds, IPO’s, Life & General Insurance products, Offshore Investments, Money Transfer, Money Changing and Credit Cards. Their endeavor is to change the way India transacts in financial markets and avails financial services.

Finance is the science of funds management. The general areas of finance are business finance, personal finance, and public finance. Finance includes saving money and often includes lending money. The field of finance deals with the concepts of time, money and risk and how they are interrelated. It also deals with how money is spent and budgeted.

One aspect of finance is through individuals and business organizations, which deposit money in a bank. The bank then lends the money out to other individuals or corporations for consumption or investment, and charges interest on the loans.

Reliance Securities Limited is a Reliance Capital company and part of the Reliance Anil Dhirubhai Ambani Group. “Reliance Money” is a brand owned by Reliance Capital Limited. Reliance Securities with the permission of Reliance Capital Limited uses the “Reliance Money” brand to market its various services.

Reliance Securities endeavors to change the way investors transact in equities markets and avails services. It provides customers with access to Equity, Derivatives, Portfolio Management Services, Investment Banking, Mutual Funds & IPOs.

It also offers secured online share trading platform and investment activities in secure, cost effective and convenient manner. To enable wider participation, it also provides the convenience of trading offline through variety of means, including Call & Trade,Branch dealing Desk and its network of affiliates.

Trade Anywhere was launched by Reliance Money with an objective to increase the base of participants in the capital markets, to make stock trading on the Bombay and the National Stock Exchanges simpler, transparent and make available a self-service platform at public locations. To achieve this, an internet kiosk was conceived with the goals of simplicity, security and ease of deployment and management in public places.

The main drivers for the project were to increase participation base in capital market activity, make trading available as a self service option on a robust platform in public places, provide a secure means of trading with no middlemen and to increase brand visibility.

Want to know more about Reliance Money? Visit the Reliance Money website & know more about the online trading platform.

Reliance Money Offers Unlimited Trade For Flat Fee

February 15, 2010 by  
Filed under Insurance

Reliance Money, under the brand name, provides a single window, enabling customers to access, amongst others, Equity & Commodity Derivatives, Portfolio Management Services, Wealth Management Services, Investment Banking, IPO\’s, Mutual Funds, Life & General Insurance, Money Changing, Money Transfer, and Gold Coins Reliance Securities Limited is a broking and distribution company offering Equity and Derivative trading, distribution of Mutual Fund and IPOs, Portfolio Management and Investment Banking.

Reliance Capital is a part of the Reliance – Anil Dhirubhai Ambani Group. Reliance Securities Limited is a group company of Reliance Capital, one of India\’s leading and fastest growing private sector financial services companies, ranking among the top 3 private sector financial services and banking companies in terms of net worth.

Reliance Money\’s new product offers unlimited trading and margin trading to new customers for Rs. 6000. This product is aimed at aggressive investors and regular traders, valid for three months. First product in the industry offering unlimited trading option on flat fee model customers to get range of value adds including fee waiver on account opening, Shares As Collateral facility, SuperTrade Subscription and Trading calls on trade with new product.

Reliance Money, one of the largest distribution and broking brands in the country, launched a new product for customers that allow unlimited equity trade for a fixed fee. The event was held in Jaipur on 9th Feb 2010. The new product, which is being offered by Reliance Securities Limited (RSL), was unveiled by Mr. Vikrant Gugnani, Executive Director, and Kapil Bali, CEO, Retail Broking, RSL, at a press conference.

Mr. Gugnani said that the product was the first of its kind product available in the Indian broking industry. The new offer allows all traders and investors to cap their brokerage expense while offering them unlimited trade option through their platform. This is also in line with their strategy to offer competitive pricing and convenient brokerage options for their investors. This new product – Trade Unlimited -, priced at Rs. 6000 for three months, offers unlimited delivery trading and margin trading turnover and is available to new customers.

As an incentive for availing this product, the company would be waiving account opening charges; offer shares as collateral facility – which allows client to trade on intraday and F&O by pledging shares instead of having to provide cash margins; offer SuperTrade Subscription , a superfast execution platform for 90 days, and Trading calls on its platform.

Mr Bali spoke on this occasion saying that the new product is aimed to provide huge price advantage – upto 25-50 per cent of brokerage – to aggressive investors and traders who easily end up spending much more on other platforms. According to in-house limited research done by the company – Regular traders doing more than Rs. 5 lakh a day or over Rs. 1 crore a month in margin/intraday/F&O at a brokerage of 0.03% could be spending Rs. 3300 a month or more on brokerage.

The new account would be activated between 10-15 days. The 90 day count will begin either from the day the client starts his first trading; or the 10th day after account activation in case no trade is done before that. Once the 90 day period is over the customers can choose from the existing range of limit cards depending on their trade volume and value.

Learn more about Reliance Money & also check out Reliance Securities to know more about the products & services.